<span>The Westphalian system is the concept that every nation or state maintains sovereignty over its own territories, as well as its domestic policy. This system was slowly eroded in the 1990's as globalization spread. However, neo-Westphalianism has emerged in the form of a strong reassertion of the state as the dominant power in economic markets. This key difference - the role of the state in economies - is a major differentiator between the two schools of thought.</span>
Although they become part of a larger product, "component parts" can often be easily identified and distinguished on the larger product.
<h3>
What is component parts?</h3>
They are goods that are bought and then immediately added to the finished product. Contrarily, processed materials need more processing before being used in the final product.
Some key features of component parts are-
- Component parts are used extensively by numerous industries, such as the auto industry.
- Spark plugs, sunroofs, windshields, and batteries are examples of component parts used by automakers.
- Additionally, they use a variety of processed materials, such as steel and upholstery fabric.
- Component part and processed material buyers have clear requirements for what they need.
- They may request bids from other businesses or they may collaborate directly with a company to design the parts or materials they need.
- In any instance, ongoing personal contact with the purchasers is necessary to be in a place to secure the business.
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Answer: Commercial washing soaps
Explanation: The target of these commercials can be aimed at housewives, commercials tend to highlight the characteristics of how the clothes will look after the use of the product, such as effectiveness, freshness, softness and smell.
Housewives or people in charge of doing laundry at home, in turn, look for an effective product that can alleviate the time it takes to perform this household work.
The above characteristics have been classified as belonging to the traditional or lean organizations as follows:
- Traditional - B. Maintain greater quantities of raw materials, work in process, and finished goods inventories.
- Traditional - C. Setup times are longer.
- Traditional - A. Manufacturing plants tend to be organized with self-contained production cells.
- Lean - E. Produce in smaller batches.
- Lean - F. Emphasis is placed on shortening manufacturing cycle times.
- Lean - D. High quality is stressed in every aspect of production.
<h3>Meaning of Lean and Traditional Organizations</h3>
A traditional organization is a business structure that has many workers and departments. They take time to set up and have a large inventory.
Lean businesses, on the other hand, produce in small batches and place emphasis on quality.
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This best represents the concept of Accountability. Accountability is the assurance that a person or a group will be judged on how they perform or behave in relation to anything for which they are responsible.
What is Accountability?
Accountability is taking ownership of one's duty to act in an honest and moral manner toward others. In the business world, a corporation is responsible to its shareholders, staff, and the larger community in which it operates. Accountability in a broader sense is a willingness to be evaluated on performance.
The idea of accountability is now important in corporate finance. It is especially relevant to the accounting procedures used by a business to create the financial reports it submits to the government and its shareholders.
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